Zip Code
129 Lori Ln, Mertztown, PA 19539
3 beds · 2 baths · 1,461 sq ft · Lot: 43,560 sq ft · Single Family Home · Last Sold: $221K in 2012 · Built: 1992
Est. Value:
$280K
Est. Rent:
$2.4K/month

129 Lori Ln Mertztown, PA 19539

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3 beds · 2 baths · 1,461 sq ft · Lot Size: 43,560 sq ft · Single Family Home
Est. Property Value: $279,702

High Demand Long-Term RentalLarge Lot AdvantageOwned for 10 - 15 YearsOwner Age 55 - 65

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129 Lori Ln is in the 19539 neighborhood of Mertztown, PA. It is located in Berks County and ZIP code 19539. This Single Family Home was built in 1992 and is approximately 33 years old. The single family home spans 1461 sq ft with 3 bedrooms and 2 bathrooms and sits on a 43560 sq ft lot. According to public records, it was last sold in 2012 for $220,900 and has a tax-assessed value of $126,800, which is $191 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 129 Lori Ln Mertztown, PA 19539 with Property Intel by Whitepages.

Investment Potential for 129 Lori Ln

The property has a current estimated value of $279,702, which is 9% below the zip median, based on public records. It last sold on February 03, 2012 for $221K. Projected long-term
is $28,800 annually ($2,400 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 19539 zip code
 
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Owners & Occupancy for 129 Lori Ln

This property is owned by Garry G Stercz. Owner contact information includes 6 phone numbers and 7 email addresses.

Property Owners

OccupationSpecialty Products, Brentwood Industries, Inc.
Cell Phone(360) ***-****View Cell Phone
Residence*************
Landline(610) 682-8299
Distance from Property**********
Email Address************@brentwoodindustries.comView Email
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Property Ownership Information

Purchase DateFebruary 03, 2012
Property Tax Amount$5,995 in 2024
Purchase Price$220,900

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 28
Resident 2***************** age 32
Resident 3*************** age 58
Resident 4************** age 63

Property Details for 129 Lori Ln

Property Details

Property Sq Ft

Living Area

1,461 sq ft

8% below market

Lot Size

43,560 sq ft

2% below market

Price Per Sq Ft

Living Area

$191 / sq ft

4% below market

Lot Size Area

$6 / sq ft

29% below market

Property condition, age, exterior, etc. for 129 Lori L…
Longitude: -75.685893 Latitude: 40.518805 Parcel Number (APN): 59-5473-01-38-7354-001…
Mortgage originated on through lender: M&t Bk for$******View Mortgage Details
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Recommended Properties in 19539

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Market Benchmarks

Compare data for 129 Lori Ln in Berks County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$279,702
$246,893
$32,809 (13%)
$******
$410,321
-$10,640 (-3%)
YoY Price Change
****%
2.5%
-220%
Year Built
1992
1957
35 years
Living Space
1,461 sq ft
1,451 sq ft
10 (1%)
$ Per Living Sq Ft
$191
$169
$22 (13%)
Lot Size
43,560 sq ft
8,712 sq ft
34848 (400%)
$ Per Lot Sq Ft
$6
$39
-$32 (-83%)

Net Operating Income
$*****
$16,938
-$29 (0%)
Annual Revenue
$28,800
$25,800
$3,000 (12%)
$*****
$8,369
$3,522 (42%)
Net Operating Income
$*****
$16,938
-$29 (0%)
Cap Rate
****%
6.72%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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